Quarterly Result19 May 2026, 08:11 pm
Karnataka Bank Net Profit Hits Record ₹1,310.50 Cr
AI Summary
Karnataka Bank reported a record annual net profit of ₹1,310.50 crores for FY 2025-26. The bank's aggregate business reached an all-time high of ₹1,92,118.67 Crores. The Board of Directors approved a dividend of 50% for approval in the upcoming Annual General Meeting. Deposits stood at ₹1,08,778.75 crores, with CASA deposits growing to ₹36,559.66 crores. Gross Advances reached ₹83,339.92 crores. The bank's asset quality improved, with GNPA declining to 2.78% and NNPA to 0.98%.
Key Highlights
- Net profit for FY26 reached a record ₹1,310.50 Cr, a 3% YoY increase.
- Aggregate business hit an all-time high of ₹1,92,118.67 Crores.
- Gross Advances stood at ₹83,339.92 crores, registering QoQ growth of 8%.
- GNPA declined by 54 bps to 2.78% and NNPA declined by 33 bps to 0.98%.
Price Impact
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